1 W 2nd StMoorestownNJ08057
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Moorestown at 1 W 2nd St, Moorestown, NJ, 08057 priced at $950,000 pairs $4,196/mo rent with after a $4,650/mo payment. Total monthly income equals $4,196/mo. Return on cash invested is 10.17% in year one, and rental yield stands at 5.3% on a $950,000 basis. Equity gained on principal adds $6,130/yr, and 5% annual appreciation accumulates to $262,467 by year five. Five-year ROI measures 51.84% and total cumulative return in cash reaches $162,014. For financing, Ziffy Mortgage’s DSCR program evaluates $4,196/mo property income against a $4,650/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1879
5,279 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 08057, Moorestown, NJ area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,481 (100%) |
| Owner Occupied HU | 6,578 (77.6%) |
| Renter Occupied HU | 1,404 (16.6%) |
| Vacant Housing Units | 499 ( 5.9%) |
| Median Home Value | $672,455 |
| Average Home Value | $719,854 |
Housing Distribution
Address Breakdown
Residential
8,291
Single Family
7,746
Multi-Family
545
Businesses
1,200
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Listed by: Marybeth Oates • Coldwell Banker Realty
Mls Name: Bright MLS
Mls ID: #NJBL2091376